Southwark Council's planning committee has approved proposals for a new mixed-use development at Canada Water that includes 770 student bedrooms, shops and office space.
King’s College London’s scheme to redevelop the former Mulberry Business Park includes 4,490 sq metres of office space, 33 “affordable” homes, 610 sq metres of retail floorspace and a new health centre.
The scheme is delivered in four buildings, varying in height from four to nine storeys, and could be joined by a new campus for the university on the adjacent Harmsworth Quays site if King's progresses other early-stage proposals, reported by Southwark Magazine in April.
Southwark Council leader Peter John said this week’s approval for the Mulberry site was a boost for the area.
“King's College is an internationally renowned and respected university of great standing and I welcome them to an exciting part of the borough,” he said.
“This can only add to the progress made as part of the area action plan, including the new super-library, new homes and public space.
“The decision supports the council's aspirations to create a vibrant town centre for Canada Water and opens doors to the potential for a new campus in the adjacent Harmsworth Quays area.
“I look forward to what the students will bring to the area and hope that they will make it their permanent home in years to come."
A new website for the local community, which explains the council's plans for the regeneration of Old Kent Road, has been launched